Seller's Agent in 2025
Mike Lopus
Colliers International Greater Los Angeles, Inc.
(805) 518-1494
5 in this area
9 Total Sales
6575 Segovia Rd Goleta, CA 93117
--
Bed
--
Bath
--
Sq Ft
1964
Built
About This Home
As of February 20256575 Segovia Rd. is an outstanding investment opportunity in the vibrant and dynamic community of Isla Vista. This multifamily property, built in 1964, is perfectly positioned within Isla Vista, offering huge upside potential for investors seeking to capitalize on the strong demand for student housing from UCSB and SBCC students. The building consists of 12 units, all featuring 1-bedroom and 1-bathroom layouts. Parking facilities include 12 enclosed parking spaces, generating $5,760 (24/25 school year) and $7,200 (25/26 school year) in annual parking income, adding further value to this investment. Each unit is designed to provide comfortable and efficient living spaces, ensuring high occupancy rates and low maintenance for property management. Located in the heart of Isla Vista, this property is ideally situated to meet the housing needs of UCSB and SBCC students, offering convenient access to campus facilities and local amenities. With its robust rental income, strategic location, and significant growth potential, 6575 Segovia Rd is an excellent addition to any investment portfolio. Seize this opportunity to invest in one of Isla Vista's prime multifamily properties, designed for student living and positioned for substantial returns with additional rental upside. Please contact to schedule a tour.
Last Agent to Sell the Property
Colliers International Greater Los Angeles, Inc. License #01970736 Listed on: 12/03/2024
Last Buyer's Agent
Colliers International Greater Los Angeles, Inc. License #01518112
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Parking
- 12 Parking Spaces
- 12 Carport Spaces
Schools
- Isla Vista Elementary School
- Gol Valley Middle School
- Dos Pueblos High School
Listing and Financial Details
- Assessor Parcel Number 075-062-002
Community Details
Overview
- 12 Units
Building Details
- Insurance Expense $6,509
- Operating Expense $106,771
- Gross Income $274,920
- Net Operating Income $169,261
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2025 02/19/25 | Sold | $3,700,000 | -3.3% | -- |
| 01/22/2025 01/22/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | Price Changed | $3,825,000 | -3.8% | -- |
| 12/03/2024 12/03/24 | For Sale | $3,975,000 | 0.0% | -- |
| 09/13/2024 09/13/24 | Pending | -- | -- | -- |
| 08/19/2024 08/19/24 | For Sale | $3,975,000 | -- | -- |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $50,083 | $4,182,000 | $1,555,500 | $2,626,500 |
| 2023 | $50,083 | $274,786 | $62,656 | $212,130 |
| 2022 | $8,234 | $269,470 | $61,428 | $208,042 |
| 2021 | $8,114 | $264,258 | $60,224 | $204,034 |
| 2020 | $8,010 | $261,586 | $59,607 | $201,979 |
| 2019 | $7,934 | $256,529 | $58,439 | $198,090 |
| 2018 | $7,853 | $251,571 | $57,294 | $194,277 |
| 2017 | $7,523 | $246,710 | $56,171 | $190,539 |
| 2016 | $6,843 | $241,944 | $55,070 | $186,874 |
| 2015 | $6,785 | $238,365 | $54,243 | $184,122 |
| 2014 | -- | $233,767 | $53,181 | $180,586 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Lopus
-
Steve Golis
Seller Co-Listing Agent in 2025
Steve Golis
Radius Group Commercial R.E.
(805) 879-9624
18 in this area
92 Total Sales
-
Austin Herlihy
Buyer's Agent in 2025
Austin Herlihy
Colliers International Greater Los Angeles, Inc.
(805) 705-1149
4 in this area
13 Total Sales
-
Chris Parker
Buyer Co-Listing Agent in 2025
Chris Parker
Colliers International Greater Los Angeles, Inc.
(805) 879-9628
2 in this area
7 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2728
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.
Nearby Homes
- 6591 Cordoba Rd
- 6597 Trigo Rd
- 6745-6747 Del Playa Dr
- 562 Poppyfield Place
- 565 Sweet Rain Place
- 541 Sweet Rain Place
- 6658 Sand Castle Place
- 7368 Hollister Ave Unit Spc 28
- 7465 Hollister Ave Unit Condo Unit 130
- 7465 Hollister Ave Unit Condo 130
- 7465 Hollister Ave Unit 329
- 7465 Hollister Ave Unit 423
- 7465 Hollister Avenue Condo #337
- 5960 Matthews St
- 7469 San Bergamo Dr
- 150 Orange Ave
- 5680 Surfrider Way Unit 105
- 507 Bolinas Way Unit 103
- 5663 Surfrider Way Unit 101
- 5859 Mandarin Dr